Bitcoin price reaches a technical inflection point as it builds on the upside momentum initiated yesterday and is supported by the breaking JPMorgan news. A release from the falling wedge pattern will provoke sizeable gains for BTC investors.
BTC/USD daily chart
XRP price made a recovery yesterday after a few days of consequential losses. The $0.52 level that falls in line with the low of June 23 worked well for buyers as a target point to get in long and push the price back above $0.58.
XRP/USD daily chart
Ethereum price completed the fade-in trade a couple of days ago. The low from June 26 offered the best entry-level at $1,688.39. ETH recovered nicely and bounced off the S1 weekly support level at $1,755 to fully break the descending trend line and remove the horizontal resistance at $1,928.89. This critical level has already been spoken about as if ETH wants more profit days to come.
ETH/USD daily chart